An Apple Close under 237.12 would be a wakeup call.
That’s all you need at this point.
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This is Not a Game Anymore
The Story that has Evolved Over the past 10 years an operating strategy in investing has gained strength. That is, the market always goes higher, you don’t need to think about value. Funny money from the FED has been the…Continue Reading →
This is Going to take a Long Time
Big Picture Now that the end of quarter adjustments are behind us I think we will see things settle in. Everyone knows the economic numbers over the next six months are going to be challenging. At the moment it appears…Continue Reading →
Bounce Week with some thoughts
Early Morning Thoughts I woke up this morning thinking how precious life is and how trivial following markets is these days. Three weeks in isolation can do that I guess. But then it fits, this is a manipulated market that…Continue Reading →
The S&P 3000 Dream
Market Settles in for End of Quarter Marker Obviously Wall Street and the 401K managers around the country have a great interest in printing as good a end of quarter price as possible tomorrow. Their hope is that somehow the…Continue Reading →
Update to Yesterday’s Comments
Yesterday we outlined some trading ranges for the S&P. Today we are getting somewhat short again. 2429 was listed as the dividing line between undervalue and overvalue and 2722 was listed as the top of the current trading range. This…Continue Reading →
A Look Forward
The Setup The country and probably the world has entered a zone for which the prime age 30-55 person is ill prepared, a zone of personal sacrifice. Since 1973, when the US draft ended, the vast majority of the…Continue Reading →
Keep Your Eyes on the Immediate while looking at the Future
The short Stock position is what is important at the moment, 20 % down is the next stage, then probably 30 %. Building a short Bond position should be a look at the future and something to be inched into…Continue Reading →
The Strategy is in Waiting Mode
Our View For the many reasons we have elaborated on at length for almost the past two years, our Fracture strategy was keyed on the January 2018 Fracture event. Essentially we started with short positions and added to them based…Continue Reading →
Patiently Waiting for it to Happen
The Crash, That IS Our view is that we are seeing an elongated Cyclical top in the stock market. The reasons have been elaborated on at length since the January 2018 Fracture date. Nothing fundamentally seems to make a difference….Continue Reading →